The light commercial vehicle (LCV) market is primed for a surge in electrification. Increasing demand for zero-emissions cargo solutions and the continuous improvement of battery technology have opened up new opportunities for electric LCVs (eLCVs). Fleets and vehicle operators are more eager than ever to utilize the technology.
eLCVs still suffer from increased costs compared to their diesel counterparts, and much of their success today can instead be attributed to government regulation, especially in area such as Europe and China. This has led to eLCVs making up around 5% of all LCV sales. However, continued maturation of the industry, greater market presence of OEMs, and tightening emissions restrictions all look set to alter cost trends and grow that market share further.
Key topics discussed in this webinar include:
- An overview of the global LCV industry
- The role of regulation in LCV electrification
- Key sales trends and manufacturers across global markets
- Total costs of ownership (TCO) for eLCVs
- Hydrogen fuel cell and plug-in hybrid LCVs